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, republican obstruction will save progressives from barack obama doing something that they didn't want done. there was a moment of time back when we go back to after scott brown was elected, there are voices in the white house going small on the affordable care act. and the other voices are saying well, the republicans are going to kill you either way. and the republicans could have jumped into that opportunity and they didn't. and what they got as a result was the big enchilada affordable care act. now the tea party is going to have ended up killing that possible compromise. >> that's right. and taking whatever harry reid gives them. >> yeah. >> it's unbelievable. i want to stay at work like i want the holiday weekend. >> that's a little weird. >> chris hayes, the host of up with chris hayes which airs tomorrow at 8:00 a.m. eastern. but if i'm in my office,come get me for pastries. >> and tomorrow we're having a the publisher of "swat" magazine along with a woman who wrote an incredible essay about loving guns and having a gun used against her. and it's going to be a really interesting con
. >> and running the sydney yacht race for a sixth time. >> within the next hour, president barack obama is set to meet with top republicans to discuss the nation's looming fiscal clit. white house aides have indicated that obama will discuss measures for avoiding the rest of the automatic spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for examp
of all, barack obama got reelected. and for a variety of reasons, the republicans never game barack obama the kind of cooperation we gave george bush. of course you should disagree. but then in the end, you try to work things out. when george bush came to harry reid, we worked with him to go and to come to an agreement. mitch mcconnell, the republican leader, said my number one agenda item is to defeat barack obama. and then in 2010, people were elected who don't believe in govern nans. who don't understand reality. it's not like we've had it forever. we didn't have it before the partisanship and there was some people so offended by the notion that barack obama could win for a variety of reasons, that they decided to delegitize it. i think you're going to see a gradual relinquishment of this kind of obstructionist death grip they have on the party. >> plet me ask you, you're leaving washington after serving so long and so well. what will you miss about washington? and what will you not miss? >> i will miss the chance to affect public policy. and i'll miss the friends there. other members
the republicans might try to do once again on the debt ceiling in january or february. >> president obama argued tonight that both parties can agree taxes for the middle class cannot go up. let's watch what he said. >> in ten days, we face a deadline. even though democrats and republicans are arguing about whether those rates can go up for wealthest individuals, all of us agree that tax rates shouldn't go up for the other 98% of americans, which includes 97% of small businesses. every member of congress believes that, every democrat, every republican. so there is absolutely no reason, none, not to protect these americans from a tax hike. >> david corn, why won't republicans take that deal? >> well, because i think they're scared of being accused of voting for a tax hike on the rich if they do this deal before the tax cuts expire. i mean, i think, you know, jared and i and others have said for weeks now, it would be a lot easier for republicans after the expiration of these tax cuts to come and vote for the 98% below and say hey, we took the best tax cut deal we can. that's where we are now. that
battle of the world views. president obama launched 1,000 republican campaign posters when he said that -- >> you didn't build that. >> reporter: true to his word when he said that obama didn't create jobs. when a closed-door chat went public. >> there are 47%. >> reporter: and while all this was going on, joe biden was just generally enjoying himself. >> i always say what i mean. >> reporter: in the end, neither a dominant first debate -- >> i have no idea what you're talking about. >> reporter: nor a virtuoso convention performance by clint eastwood -- >> what do you want me to tell romney? he can't do that to himself. >> reporter: nor this -- >> you know what i'm saying! >> reporter: could carry him. so close to the oval office, romney now mostly hangs out at disney world. leaving the national stage along with romney in varying degrees of disgrace were general david petraeus, undone by an affair with his own biographer. lance armstrong, stripped of everything including the yellow jersey on his back. and governor rocket rod blagojevich sent to a federal lockup for 14 years for th
in 2013 and 2014, but i do think it's obama's economy now. the republicans passed the tax cuts for one group, let's say all the way through, not the very top group, i don't know where that negotiation is going to come out, but if they do that, i think that they will be held blameless for the economy. lou: as we wrap up here, i would like to ask you a question this way. because i said last year that i felt strongly at the beginning of the campaign. the democrats were the republican -- the democrats or the republicans, which party led the discussion to the enduring that of the middle class sure enough, president obama shifted to a middle-class message that resonated, if only at the margin that was sufficient for victory. are the republicans learned anything here? are they going to start talking about working men andwomen? working class and the american dream. >> i think they are. i think the presidential race was a real problem. because it was never growth. it was always about this and that and detail. romney wasn't the issue. the issue was obama. it was the worst single recovery in the
, president obama is about to give a final push. negotiating with congressional leaders from both political parties. from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president ob
prompted the obama administraon say, well, republicans don't want to protect us. how are you going to answer the predictable criticism that you're not looking out for folks, you are looking out for business interests? >> well, we are. we are saying in health emergency, of course. any sensible policymaker would say you have to be able to address those. but right now, the pendulum has swung so far that it's very difficult to even conceive starting up your business. and we want that to occur again. much less allowing for those who are operating businesses to keep the lights on and grow. you know, you look at the last three years. we have seen a 23% decline in the number of business startups. in america, we are a starter country and we want to see it happen again. neil: he was ronald reagan's top money guy. why he says capitalism is in trouble these days and it's the governments fault. by the way, republicans as well. we have david stockman acts. and suzanne somers on lala land going gaga over presiden obama. but next, ralph nader has had enough. he says that both parties in washington
hours after supreme court upholds president obama's healthcare law republicans already setting a date to repel it. >> whatever the politic its today's decision is a victory for people all over this country whose lives will be more secure because of this law and the supreme court decision to uphold it. >> live outside the movie theaterrer in aurora, colorado. 12 dead. 58 people injured after a gunman opened fire in the movie theater. >> tonight the tickets complete. >> i am deeply honored and excited to join you as your running mate. >> and good afternoon from new orleans where, well, it has been raining and they are waiting for isaac to come ashore. >> what do you mean shut up? okay. i accept your nomination for president of the united states. >> greta: this is a fox news alert. an american worker murdered and at least one other wounded in the american consulate in libya. >> there was a systematic failure of leadership within the state department that really contributed to what happened on september 11th. >> coastal communities are flooded up and down the eastern seaboard for hundreds
after president obama said he will pursue a less am by shougs budget deal with republicans. there is good news no matter what congress does to address the problem, it is too late for employers to with hold income taxes from paychecks next month. employers are going to with hold the tax for the 2012 rates. >> president obama is restricting the number of inaugural balls to the lowest number in 60 years. there will be only two official parties right now. there was 10 held the last time around. there will be a concert honoring military families held on saturday before the inauguration. >> before the ina ration christmas. we are three days away. the holiday came a little early for some people. the women's organization has been an outreach to families that have people that are ill or incarcerated. >> thank you for all the people have done. this is overpowering. >> tears of joy as the washington wizards and volunteers delivered bags of gifts to her home. >> my goal is not to just play barble but do things the community. >> his daughter recently p
republicans lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were gonna go over the cliff before, and now because it is what the president wants you cannot negotiate with someone who does not want to negotiate. >> reporter: boehner failed to get votes thursday, friday boehner and the president left town with no deal, each making a parting pitch. >> the president: i've asked leaders of congress to work towards a package that spreads tax hike on middle class americans, protects unemployment insurance for two million americans and lays the groundwork for further work on growth and deficient the city reduction. >> president's solution of raising tax rates could be red ink for as far as the eye can see. >> reporter: the partisan bickering has put the country on the brink of potential economic crisis. >> it is the first time that i feel it is more likely that we will go over the cliff than not. that, if we allow that to happen, it will be thek├▒g)p mot colossal consequential act of congressional responsibility in a long time. >> reporter: president obama is in ha
of president obama's new choice for secretary of state. why republican senators are refusing to approve senator kerry. gregg: ambassador john bolton will be us to yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. when i'm out with my kids, my daughter'like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! o
: good evening, everyone. i'm susie gharib. tom is off tonight. president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about
is a man without a party. he's a republican that backed president obama in his presidential reelection bid and republicans are necessary low not pro chuck hegel. democrats know that he is say former republican. chuck hegel is a man without a party and doesn't have a big alliance or democrats or republicans and the other problem for chuck hegel, his nomination or presumed nomination is twisting in the wind because there is no structure to defend him at all. >> here's the other thing about this. first with susan rice and now with chuck hegel. the white house continues to float the names for possible cabinet positions to have them shot down by folks on both sides of the aisle. how concerned should they be about the optics of this? >> very concerned. you are right. national security has been seen as president obama's big strength over the past four years. he heads into a second term. all of a sudden there is the impression that he can get the role. all it takes for senators like lindsay graham, john mccain to stand up and say no. one of his nominees would not get through. in some ways if chuck
between the two sides centers around a balanced approach to the budget. republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends th that, you know, take the deal. they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the ceo of pimco, one of the world's largest investors in bonds. mark standee is chief investor at moody's. and christine romans, host of "your bottom line." gdp, the broadest measure of the economy grew at an annual rate of 3.1% over the summer. we just got those num
to implement obama care. we have seen republican governors dragging their feet on that. isn't there a danger some of these gains can be lost. in addition to some of the things the president has on the table, we also have some other things that still need some work? >> right. and health care and on gay rights in particular, marriage equality, those are things that are almost out of the president's hands, especially when it comes to what the supreme court is going to do. republican governors are dragging their feet on implementing obama care. i'm not sure what the president can do to cajole them into complying since the supreme court ruled that he couldn't coerce them by threatening their medicare funding, medicaid funding. again, when it comes to gay rights and what the court is going to do, you know, i think the administration along with everything else has to wait and see what the court rules in june in terms of what -- whether there's a constitutional right to marry or how they rule in terms of the prop 8 case in california or the doma case in new york and the implications that will have f
republicans could no longer weather the incredibly bad optics of sitting at home while the president of the united states and the senate were in washington. president obama arrived back at the white house this morning. the president will host a meeting tomorrow afternoon with senate majority leader reid, senate minority leader mcconnell, speaker boehner, and leader pelosi at the white house. senate majority leader harry reid took to the senate floor this morning to, shall we say, let boehner have it. >> if we go over the cliff, and it looks like that's where we're headed, mr. president, the house of representatives as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll have -- they'll give them 48 hours' notice. the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> lo and behold, the markets started
it confirmed everything that the obama campaign had been saying about the republican nominee from moment one. >> crystal? >> three words. please proceed, governor. second debate after the president had a lackluster performance in the first debate. and the second debate, he really came out swinging. and mitt romney thought he had him on the ropes with the benghazi nonsense. the president just let him proceed. not only was that a great, brilliant move in that moment, but it also but it was also em blematic of how he just had to let mitt romney talk. and it was so objectionable to the american people that they definitely wanted to go in a different direction. >> so please proceed governor from the second presidential debate. >> you got it. >> well, i think that probably i would say the best move of the year i would have to say was the campaign ground game. i think you almost went there. you were half way down the is aisle, wu ybut you turned aroun. i think that they turned out a terrific ground game. i think if you rook look at the that the republican polls were right but they underestimated tu
barack obama and once there is a republican president in place to pass this initiatives that create better business climate. more and more deregulation committee funding of programs that have never quite been near and dear to them. i think they do believe -- of course to fast-forward a bit about the debt ceiling fiasco of 2011, but after the summer we were taken to the brink of a fiscal cliff, one we are about to see it it can come in to thinking part of the house republican leadership was maybe her tea party freshman will go home, get yelled at by constituents and they'll realize this compromise is not such a bad thing. the opposite occurred. he went home and people go to town halls tend to be the activists of their party and those people tend to be tea party and everyone screaming, why did you accept a deal? you said you would not under any circumstances read the debt ceiling. at best it's been mixed messages and the great likelihood it will be a while before we see moderation. >> is this further look at the freshman from his second term members of congress and save if only we cou
, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote. earlier in the day, republicans blamed president obama for the stalemate. >> i agree that it is the p
a budget, they don't vote on the budget. the republicans took them into putting obama's budget out and then they voted against it. they haven't put together a budget because they cannot reelect the democrat majority of the senate in 2024. if everyone of those senators had actually stake out a position as being in favor of obama and his taxes and spending. gerri: i don't understand why people aren't marching on the hill. i really don't. this is what we hired them for, to iron out these differences, and no one is doing the job. let's take a look at the numbers for folks that are married. if you make $50,000 per year, you'll pay an additional $2000 in taxes. if you pay $100,000, an additional $446 in taxes. the list goes on. you make it to make a million dollars, an additional $50,000 in taxes. this will cause people to reinvent the way they lived day-to-day. i don't see why people are upset about this. they should be. but all of the tax cut that you just mentioned, it is due to the disappearance of the bush tax cuts. the democrats all voted against the bush tax cuts. so they voted to
it obama taxll r cuts, will republicans say no to voting for a tax cut? >> the interesting question is with. interesting question is we are at the beginning of a conversation, not the end of thd conversation. we have to decide what to do with the bush tax cuts.o -- we have to decide to deal with a trillion dollars of obamacare increases.llars of obamacare very few people are talkingre's about this come a trillion dollars of tax increases obama and the democrats passed before th be last election and 90% of those tax hikes were delayed, conveniently. the president got himself safelyse reelected.ion and then we have the massive spending, $8 trillion in debt obama is running up over the next decade. republicans have several schools. right now they have very little leverage onra this debate over e fiscal cliff because that stuff happens automatically, but the idea of a debt ceiling increasef they told obama more than once if you want a trillion dollars, you will need that eight times in the next decade they will have to cut spending a trillion have to cut spending a trillion eric: i'm a republic
, the presidential election the main event, starting with eight serious republican candidates vying for the nomination. ethnic voters flexed their political muscle, giving president obama an unexpectedly early election night win over republican rival mitt romney. california's public education system was saved from severe budget cuts with the november passage of governor brown's proposition 30, but voters didn't say yes to all taxes. an attempt to tax soda in richmond failed, as did a statewide tobacco tax on the june ballot. new districts drawn by a citizens commission and the voter-approved top two primary system shook up races for congress and the state legislature, putting a record number of freshmen in the assembly and giving democrats a rare supermajority in sacramento. it was the beginning of realignment of the state's criminal justice system, and voters approved reform of the state's tough three strikes sentencing law. the economy sputtered but finally showed signs of improvement in the housing and job market, but in silicon valley, the highly anticipated facebook ipo fell fl
a deal before next year, obama and democrats have the upper hand. >> they know that the polls are on their side, that a majority of americans would blame the republicans for the failure, and they know that -- they say president obama was just reelected on a mandate to raise taxes on the stockton% of income earners and the republican party is dead set against tax increases. -- on the top 2% of incoming earners. he wants to raise taxes on folks making more than a million dollars, but that was not enough for democrats and that was too much for lot of republicans. the republicans in the house are the ones who endangered the speaker's efforts to cut a compromise deal. the democrats know that they are the ones that have the upper hand in the fight and if we go into the new year, a new congress will be sworn in. democrats will have more seats in the house and the senate and they feel they will have a better chance of getting a deal on their terms in 2013. >> in the dying days of 2012 it looks like japan pose a new leader has injected a local, at least financially. he's had his first
in the laps of republicans 16% say president obama's fault and 6% say it's the responsibility of congressional democrats. the largest number this is important 31% of respondents say the whole thing is both parties fault and the president's. also megan this morning we have posted a number of stories at our website abc2news.com. go to there for more on debate and see the numbers as to how it could affect you. >> news time 5:36. >>> while lawmakers continue to talk about the fiscal cliff one man has decided to take action and that's because he is fed up with the country's debt. now, while it's not going to solve all the economic problemswe have, he says it's about making a point. we see what this man is doing. >> reporter: in his unheated garage, 85-year-old man is working to fix the fiscal cliff one can at a time. how much money have you sent the government? >> a little bit over 3,000 dollars. >> reporter: 3,197.88 to be exact. all tracked on a handwritten ledger. the last three years, garcia has been paying the government 50 dollars a month of the postal service pension and money from cans he c
faces massive mandatory tax increases and federal spending cuts on january 1st. meanwhile one republican congressman says president obama wants america to go over that cliff >> it is unclear when the president will return from hawaii. staffers for both sides are expected to be communicating over the next few days >> egypt's leading opposition party says it plans to appeal the results of yesterday's constitutional referendum. preliminary results show the new constitution passed with 64- percent of the vote. but opponents say it limits their rights -- and is not legitimate because the voting procedure didn't follow guidelines. parliamentary elections are scheduled in two months -- and the opposition hopes to present a united front by then. some 68-percent of egyptians did not vote in the referendum. >> former president george h. w. bush is showing signs of recovery but may not be home to celebrate christmas with his family. he has been hospitalized since november with a brown tide is related cough. in a statement from hospital his doctors are optimistic he will make a full recovery. how
and president obama. dennis: i thought all along that the republicans would look horrible. now, i'm wondering if it is switching the other way. a family earning only $20,000 a year will see that their tax refund gets cut in half if we go off the cliff. >> i think you are right. especially since we have not had the follow-through, dennis. what is the reason for all of this? where are we heading? the president, nor the republicans have answered that question. dennis: thank you for being with us. dagen: chicago mayor is renewing a plan to privatize the cities i second biggest airport. jeff: this was the world's busiest airport from 1948 to 1961. now it is just three big airlines that call this home. southwest, frontier and delta. it is still a huge cash generator for the city. he famously had a deal to privatize the city's parking meters and the problem is, they took all the money they had and spent it already. mayor manuel is under some scrutiny. as i said, both are choosing to do so. the problem is, if you get that money up front and then you spend it, not such a hot deal. they had a $2.5 bill
programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the physical cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend lesson fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the ballpark is all decked-out for the game this afternoon against the u.s. n
before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stores. >> the bowl game is al
, mika, and that, of course, barack obama wins, the republicans lose, in a way that perhaps is more telling than just what one election result might suggest. >> well, i think it certainly does and it gives him a certain platform and credibility that perhaps he didn't have before. but watching as these fiscal cliff negotiations have gone through the holidays, it certainly is perhaps a little bit more of a bully pulpit for the president and for his position on taxes. but i think the biggest story of the year came at the end of the year in the past week or so which is the massacre at sandy hook elementary school in newtown and i think the presidency now might be shaped by those events and those are the stories that both barnicle and andrea have chose n as the top story. would you agree this could be a signature for the second term? >> i to do. i do agree with that. i think the events of a few days ago in newtown, connecticut, will help shape a good portion of the president's second and final term in office. i think it gives us a huge impe it tus to changes in this country that had had
and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened in the horse trading. it's all or nothing, obama seems determined to humiliate the opposition. >> paul: boehner made two concessions, first 800 billion on the table in revenue and don't raise rates when the president said no he, you've got to raise rates. he said okay, a concession on rates, an offer first we'll vote for a million dollar tax increase on those making more than a million dollars, but give me something in return. then, those negotiations went nowhere, so then john boehner went to plan b. and i mean, i think you sense at least when i talk to boehner's people the enormous frustration with the president they're not going hi
on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i think is sort of implicit here. the conservative base doesn't trust the republican leadership, and therefore the republican leadership is never given the leverage to compromise, and therefore the american public se
is to obstruct barack obama and once there is a republican president in place from the two pass this initiative secreted better business climate, more and more deregulation committee funding of programs that have never quite been near and dear to them. of course to flash forward a day, i suspect we'll talk about the debt ceiling fiasco of 2011. after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messages and a great likelihood it will be a while before we see moderation. >> is this for the leadership looks at the freshman, many of them second term members of congress and think if only we could control them. isn't the case for leadership as it is out of sync or is t
and republicans. president obama has cut his vacation short and is returning to the white house now. without a budget agreement automatic tax increases for everyone and deep spending cuts will be triggered and the new year. the main dispute continues to be over taxes. americans filing unemployment last week as dropped to 350,000. futures are up right now. a letter from treasury secretary tam geithner to congress sent after the bell yesterday may also weigh on the markets. >> the woman accused of killing a grandmother and a drunk driving accident at the twin peaks without has made her first court appearance. 23 year old gina eunice is accused of a hit and run drunken-driving in vehicular manslaughter. the accident occurred three people and killed 56 year old yuee byao who was here visiting her new grandchild from china. the judge set the bail at $2 million. if she posted she must wear a scram device that checks to make sure she is not drink alcohol and is not allowed to drive. she will be back in court for arraignment on december 31st. we will be right back. >> the layout has settled car owne
obama is on his way back to washington, some lawmakers are expected to get back to the nation's capital. >> with five days left to reach an agreement, doubts are growing that the white house and republicans can cut a deal in time. after spending part his christmas holiday visiting presidenthow y. hawaii, obama will return to resume talks. formal negotiations have yet to be scheduled. the house will reconvene on thursday. >> we have seen this game played before. it literally came down to the last minute. >> is the country goes over the fiscal cliff, some economists fear the combination of budget cuts and higher taxes could trigger another recession. others say the deadline is not as firm. congress could pass a temporary measure early that would roll back any changes. political analysts warn some consequences may be immediate. >> maybe a tremendous response and that would alarm everybody. >> stock prices dropped friday after a republican-led plan collapsed. nearly half of americans are doubtful the two sides can settle their differences. >> when the uncertain. tax rates will go up on 30 m
question. president obama gets his own deal, sends it over to the republicans, they have the same dilemma. >> well, they may. but i think you would at least see a fair dee beat. look, i think the average american realizes we have to cut spending. you know the numbers. >> craig, i have to ask you -- i have to stop you. i don't think they do. we ran a package yesterday, we sent the producer out on the street, showed people how much more they would pay in taxes after we go offer the fiscal cliff and they were like wow, i had no idea. where were you november 6 when you a chance to vote against doing that? i don't think the average american understands. >> they were listening to pimp with a limp and david letterman, a nice guy who knows nothing about economics. social security, defense, medicare, medicaid, the health programs and the cost of interest on our debt are the five -- four main drivers of our debt. five main drivers of our debt. that's not going to change. 50% of our budget. a little bit more when you leave defense in there. we have to cut spending. why won't the president say look,
. >> he is the worth republican in the country to put up against barack obama. >> romney's campaign saw their roles up and downs and confident and in demand. romney knew he gained with a president's shaky performance. >> it sets the tone and can have the most impact. this is a theory. >> he ultimately won reelection. >> the best is yet to come. >> 2012 also marked a milestone implementation of president owe bhaum's healthcare law. >> in a 5-4 division the individual dmant is indeed constitutional. >>> supreme court put the law against partisanship. >> the decision was a result of lawsuits brought by 26 paid attorneys general against the federal government who claimed mandated participation was man dags of the freedom. >> republicans won't let up whatsoever in the determination to repeal this terrible law. >> they challenge the law meaning obama care will be a hot button issue in 2013. as 2012 winds down it resembles 2011 with republicans locked in another show down over taxes and spending with the average family caught in the middle. in washington craig boswell fox news. >>> 18 minutes
is not the president. obama is the president, he is not putting forth proposals to work with republicans. he will have to take ownership of this. they need to come up with a cohesive message about real economic growth and shrinking the size of government. they don't have a message and that is going to be the big question about who wins and long-run. jon: if we go over the cliff, i mean, everyone's paycheck, just about -- come january 1, it will be shrunk because government is going to be taking a much bigger chunk out of it. that will infuriate people. are they going to be blaming president obama? >> well, they won't be blaming president obama because polls show that they are blaming republicans. republicans are not really coming to the table. we had an election, and we had an election where voters clearly supported the president. jon: he got 50.96% of the population. >> he got over 300 electoral votes. romney only have one battleground state. tons of senate victories, again in the house, there were gains. voters agree with the handling of the economy presently and the proposals that the president has
a $3.8 trillion tax reduction. the biggest, i think, listen, i don't think the republicans acquitted themselves as terrible as some were making out yesterday. but what they did do that was quite poor. if you're president obama from a legacy standpoint, you got a big boost right now. what i mean by that is on january 1st, the bush tax cuts are no more. >> right. >> going forward for the rest of our lives, we're going to be talking about the largest tax cut in history as the obama tax cuts. >> katie, maybe so, but i think the republicans have to be the retreat. in some sense, they'll take sola solace. i happen to think boehner had the least bad proposal, i'm sorry it got beaten down. will the republicans come back and vote for tax cuts in january? democrats sure will. >> well, that's certainly an option that's on the table and definitely makes their job easier with their constituents back home. but there's one thing we're forgetting here, republicans in general can still come back in the ten-day period we have before the fiscal cliff deadline and vote present and wash their hands clean
votes in the house, to repeal obama care. these are republican votes, john boehner kind of presided, and, obviously, they were going nowhere. but you have republicans over and over again, simply holding symbolic votes to make a point, and then when it comes to real votes, they simply say, no. the tea partyers, who were elected in 2010, really have had their way. and the one distinction we see, coming out of that 2010 election and the tea partyers, and what they did, is to have a congress that is absolutely at loggerheads and gridlock and is incapable of functioning. >> let me ask you something, professor reich. you know, a lot of us ignore common sense or what's right beneath our noses, so to speak, or like edgar alan poe's purloin letter, hidden in plain sight, what is the deal? why is it that republicans are so bitterly opposed to president obama? is it his race? is it his youth? is it his party? what is it that has aroused such deep and bitter suspicion and resistance to this man? >> well, i think it's some of all of the above. it's also that president obama came into office at a time
-to-the-minute developments. rich, what do you know? >> republicans anticipating or expecting president obama and democrats to offer a fiscal cliff deal, perhaps a scaled back proposal, but, still, no indication that's going to happen this afternoon. the senate is in session. the house returns sunday. they will take a vote sunday night on another piece of legislation. the senate has been working on other legislation, not related to the fiscal cliff, and that has some folks in washington speculating this afternoon's meeting in the white house is nothing but show. the one senior democrat says it is a serious effort. >> well, this is not for show, but a last ditch effort by the president to bring the congressional leaders together to try to get at least a small package, small deal together before the new year to avoid some of the tax parts of the fiscal cliff and the deal with some of the unemployment issues. >> now, that deal, the small deal that the congressman is talking about, speculation perhaps that includes a tax rate tax increase for families earning $500,000 a year, mid way point almost between what
it to the floor. president obama moved closer to the republicans on rates, tax rates, and said that in terms of spending cuts, he was willing to make more spending cuts. all contrary to the representations' about his position that you may have heard. every time we are close to a solution, whether it was a year- and-a-half ago in the summer or right now, the republicans walkaway. when we thought we were close this week, republicans decided to follow another path, a path that led them over the cliff, a route in which they did not have the votes. that was then. this is now. let's go back to the negotiation table. we have no right to walk out the door of congress with no clear path to a resolution of this challenge. it is time to get back on track, back to the negotiating table. we must work together in a bipartisan way to create jobs, grow the economy, strengthen the middle-class, reduce the deficit, and to do so in a responsible way. we can and we must get the job done now. i am pleased to yield to the distinguished democratic legislator, steny hoyer. >> i thank the leader for her comments, an
their meeting with president obama. >> i talked to the republican leader bob this is generally -- about this generally. we had a constructive meeting. i hope something positive will come from that. the republican leader and i and our staffs are working to see what we can come up with. but it should not take a long time to do that. but it would be in everyone's interest if we were in session tomorrow. we have another vote that has been set up >> you were talking about sunday, right? >> yes. we're going to have another caucus a following that, and hopefully by that time we will have made a determination, senator mcconnell and i, and we can do something on the floor in addition to what i talked about. we do need that time to have everybody kind of step back a little bit. if we come up with something, it is not that easy. we're dealing with big numbers. i think it was a very positive meeting. there was not a lot of clarity in the meeting. everyone knows how important it is. -- hilarity in the meeting. everyone knows how important it is. >> i share the view of the majority leader. we had a g
maggard with president obama. the kiss of death for tennessee republicans. flyers, newspaper ads. internet videos. >> both say they support our second amendment rights but they both worked against our freedoms behind closed doors. >> they prey on your fears and they know most people won't have the courage to stand up to them. >> reporter: but deborah maggard did and paid the price. she lost her race to the nra backed challenger. that's the way the nra has long operated, striking fear into the hearts of republicans and democrats alike. in this year's presidential campaign, republicans fell all over themselves to curry favor from the organization. >> it's great to be here with so many friends of the national rifle association. >> reporter: but is it different this time? >> everyone in this country at one time or another has loved a 6-year-old or a 7-year-old. and i think the nra for once, i think everybody is paying attention to how they operate. they have stifled meaningful discussion by using fear and intimidation tactics to keep people from saying the things that maybe need to be said. >>
making over $250,000, the obama proposal, or $400,000, a level senate republican leader mitch mcconnell reportedly said he might be able to sell, but republicans wants the debate shifted. >> all the talk is about taxes. what the talk should be about is what we want to talk about today, and that's the medicare fiscal cliff. >> reporter: no way to cut a deal by tuesday to reform entitlements. some say that's good. >> the big problem is if we do something right now that has longlasting adverse effects on economic growth, that will cost us for a very long time. >> reporter: but for a short time americans say fix the tax problems. >> it's a frustrating feeling to see the two sides apart. >> frankly where he shouldn't be taxed more because they can't work together. >> end the taxes for the middle class and figure out the rest of it come january, worst case. >> reporter: worst case, say many, is no deal on anything. but some tea party republicans are said to be ready to let everyone's taxes go up on tuesday, so they can quickly help figure the like on middle-class taxes and later claim
of the republican controlled house. danielle nottingham has more. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last- minute agreement to avoid automatic spending cuts and tax increases due to kick in on january 1st. >> probably the worst case scenario will come out of this maybe today and -- meeting today and that is we will kick the can down the road. >> reporter: senator bob corker told "cbs this morning" he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something but let me just say one more time. this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down
to get a deal for weeks and says the real problem that republicans won't admit that obama won the election. >> on taxes, i know it's hard for republicans but the president ran on the platform. 250. no tax increase for people below but taxes for people above. he won. 60% of voters said they were for it in exit polls including republicans. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the $1.2 trillion in cuts. >>
or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner said was i will allow a vote, and you have democrats and some republicans feeling pressure joining in, you could get a bill done. host: rick is from massachusetts on our independent line. caller: good morning. i have a problem with the president. he is the most divisive individual who has come to power in this country for a long time. he completely denied his white relatives and blames all the problems on white men by buying the votes of the lower earners in this country by saying it is not your fault. he promised to bring this country to gather. what happened? guest: i am surprised. upper income people voted for president obama. what is clear and true is if you look at white men, white men are overwhelmingly the single group of americans that is most antagonistic toward president obama. i think he got 30% + of white
of the leaders from senator reid on the democratic side to speaker boehner for the republicans obviously they didn't go to the cameras after the this meeting here with president obama. that would not be good signs. >> whatever we come up with is going to be imperfect. not people aren't going to like it. some people will like it less. >> this is a total derelectino due of duty at every level. >> try and get at least a small package, at least a small deal together before the new year. >> if we don't have a deal within the next 24 hours, the question is where do you buy a pair of shoes? >> greta: senator bob corker joins us. you said it is a total dereliction of duty at every level. >> we still haven't even behe gun to deal with the issues causing the fiscal insolvent say we are facing and that is the entitlements. nothing has been discussed. it is not on o the table. we are not going to deal with it this year. it will be the issue we deal with running into the debt ceiling around mid march to the economy will continue to have a pail over it because we have not dealt with the issue that our
of his personal record. in the end, obama beat romney by ten points on the question of which candidate is more like you? romney, the first republican nominee in the history of our nbc/"wall street journal" poll go into his convention with his personal rating under water, ended his campaign with a painful number, just 47% of voteri ins viewing him positive. the obama campaign bought ads early and were careful about where to buy the ads. in the last week the obama campaign paid $550 for a single ad in raleigh, north carolina. the romney campaign had to shell out $2,665 for the same spot. why? the obama campaign purchased it way ahead of time. romney bought it the week of. lesson two, the republican brand needs a hard look. the gop's favorable rating has been under water for two years. if you take that out, it's been nearly five years. just 36% of registered voters said they had a positive view of the republican party, 43% held a negative view. the democratic party was in positive territory just barely at 42% 40%. just 20 republican primary bids put harsh republican rhetoric on immigratio
, the republicans fell into obama's trap. they went for a tax increase, david, but what they didn't do is outline a strategy for economic growth, for job creation, for stimulating the economy. bottom line, obama's talking redistribution. the republicans are just getting moved by a president who is playing political games with them. david: when you say republicans didn't come out with a plan to stimulate the economy. republicans don't believe the government can stimulate the economy. what could they have done? >> what you have been talking about for years a strategy using a tax system to stimulate economic activity through a series of lower tax initiatives that would offer the prospect for growth, a la jack kemp. liz: but keeping the bush rates for the middle class, that helps the middle class, that's a g.o.p. victory there. i will tell you say something, what the g.o.p. is fearful of getting rather pregnant as pelosi says with their tax rate being lowered is defeat, giving birth to an electoral defeat if they go along with these tax hikes that the white house wants. doug, i have to tell you somet
, there is no substitute for him talking with john boehner and it will get a deal done, it will be obama and boehner. there is nobody -- the talk about somehow or another, boehner's speakership being in jeopardy, that is nonsense, no one is coming behind him and senator mcconnell, the republican leader of the senate is up for re-election and as we saw in the senate race in kentucky a few years ago, he may have to worry about a challenge from the right if he supports a tax increase. i think president obama is doing the only sane thing he can, which is reach out to the speaker and he controls the house and, that is -- and the good news for the president is the public seems by all the polls, by the fact the election came out the way it did, to be in his corner, not the speaker's. >> rick: the president -- you want to weigh in on that? >> i just -- >> rick: americans are in favor of raising taxes on the wealthiest americans and, the president did win, november 6th. >> we have seen polls that say that, they approve tax reform and want to see real entitlement reform and want to get spending under control.
. this is the way that obama wins injuries the media will declare him the winner. this is the way the republicans in the house get out of this box because they are going to vote no, not be primaried and then the train is on the track and sadly i think what is going to happen, sean hannity is the predictions of ernst and young and the cbo is between 250,000 and 700,000 private sector jobs lost because of this deal and that will be hung around the neck of barack hussein obama. >> you are saying bill cunningham that the people not being considered here are the american people. >> us. >> sean: washington is failing america at this moment because on top of it, they are not dealing with the real problem. >> no. >> sean: and all this discussion. >> sean, bill is right. >> sean: 6 cents of every dollar. >> can i just add? there is a difference between boehner and gingrich. gingrich led that revolution in 1994 when came back into the -- back to his caucus and said he had worked out something with bill clinton, the caucus viewed him as the leader of their revolution. he had -- he could move that caucus. th
that people did want to give barack obama a second chance. i think if the republicans had fielded somebody who actually told us what he was going to do and what he believed in why he should be president. we would not be having -- >> this is interesting. because around this table even, over and over again everywhere, republicans said, particularly republican women who defended mitt romney said, no. women care about the economy. if you disaggregate the economy and issues on the table and everybody was satisfied with the economy there is no way that you will not come away contraception, abortion, rights that people thought they had. if you want to get people mad, if you want to really get people out take away something they thought was safe. that's what women thought. they thought that our mothers didn't even have to worry about contraception. when they were young women they won 'boring. that is an issue that has not been on my agenda. they put it on their agenda and it was a solidifying because the economy that you all claim was going to do it, didn't. >> that will have to be it for this edition
in the obama white house was these are republicans. on foreign policy, he's been way to the left of president obama. >>> former nebraska senator chuck hagel has been leaked not nominated leaked as a potential nominee for secretary of defense, and there was already a massive counter offensive against him. it does have more substance to it, than the attacks against susan rice. a fair amount of that substance consists of insinuations. the sides are forming, there's the chuck hagel defense corps and the club of very tree ole and assault. what is not happening is sitting back and asking the simple question, would this person make a better defense secretary than the alternatives who are the other people up for the job. would one of them be better? the front-runners for secretary of defense are chuck hagel. there's also michelle florinoid, who is well qualified. also in the running is ashton carter, the current deputy defense secretary. now, defense isn't my issue, but i'd like to know, which of these people would do the best job. we keep skipping the interview process, going right to the smearing p
something? >> no. it does raise the question. that was a blunder by republicans and boehner and obama were moving closer and boehner went and gambled and lost and now the pressure's on the senate. i think anyone that could pass the senate probably could pass the house because if it passes the senate, it's 10 to 20 republican senators. mitch mcconnell, up for re-election. will he craft a deal with harry reid? that's dicey. whatever bill is passed, may not be that popular. raising tax rates and probably cut back on benefits so, remains to be seen if they can get 60 in the senate and 218 in the house. but boehner may have to put that senate pass bill of the 250,000 obama plan, he says that doesn't have the votes topaz the house. he may have to prove that. >> real quickly i want to shift gears here and talk about chuck hagel and the potential of him being put up to the cabinet level position of secretary of defense. and getting criticism from the left and the right, chuck schumer declining to endorse him yesterday on meet the press. i want to play for everybody what andrea mitchell also said o
, how the republicans rollback the obama administration to make it weak and ultimately overtake it and how they maintain that power once it got it. a lot of it is cloaked in the argument of what is good for america but there's not a whole lot of policy prescription in there. >> robert thank you. very good to see you and enjoy so much talking to you. robert draper. please buy his book. thank you very much. [applause] >> you don't always find many newspaper editors in any era embracing investigative reporting but the point we have seen over the years is it's not just economics, it's come for that investigator reported causes in the newsroom. it's troublesome. is that more than the economics. if you're going to ruffle the feathers of somebody powerful that gets those people running into complaint to the publisher and their stories are legion over the years about those events happening. and i were fortunate to the 70's and almost all of our careers to work for people who are really strong and upright in that area and just let the chips fall made -- where they may and where the work
largely situational. it's not a new story. president obama has been hit by republicans who gave george w. bush a pass for the fundraising debt. and whereas democrats gave george w. bush with his record number of fundraisers were not seen badly when bill clinton and barack obama were each holding their fundraiser. it's a multi-president story. there's a section in the book where i talk about how this really has risen over time and the media coverage of it. it's now to look at president obama's re-election fundraising numbers and look at them as dwarfing his predecessor which they do, but starting with the first president bush, there's media story after media story about president bush launching into unprecedented fundraising. then the second president bush and barack obama. this played out over time. host: under fundraisers jointly benefiting re-election campaigns for the d.n.c. and the r.n.c., the first three presidents, carter, reagan, and george. with. bush, no recents -- with george h.w. bush had 22 and then i think the 220 is left over from the first column. do you know how much join
to get them to their destination by christmas. >>> president obama will return to the white house on wednesday in hopes of coming up with an agreement for the fiscal cliff. >> reporter: some republican lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were going to go over the cliff before, we're going to go over the cliff now because that's what the president wants. you cannot negotiate with someone who doesn't want to negotiate. >> reporter: that would raise taxes on people making more than $200,000 a year. each making a parting pitch. >> i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, prevents unemployment insurance for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go
. the villain in chief, and after he left the white house, there was the moment in 2008, when republicans decided wait a minute, no, bill clinton is this by-gone symbol of an era, in moderation, they sang his praises for four years, set him up as the good democrat, against obama's bad democrat, and what happens, the good democrat vouches for the bad democrat and disarmed what a lot of republicans were saying about barack obama. >> you have made a reasonable argument. >> i think the enviable one was rick perry, who made the step of going full anti-out immigrant zealotry. >> it totally destroyed rick, he dispatched rick perry on the attack of the hundred thousand subsidy, which allowed the undocumented students to go to the university and pay in-state tuition. romney destroyed him. but in that rhetoric, he sealed his fate in the general election with the latinos, who he got blown out and provided a huge margin in the swing states. >> that is a good point, my point is, of course, the anonymous video operator, who captured the 47%, which is why we happen to have the tape. why it happened to b
with president obama and signals conservative republicans are inwilling to stomach any rise in tax rates even on those making more than $1 million which was mr. boehner's plan. so walk us through what happened on friday. how did we get there? and it seems like the speaker of the house didn't see this coming, and a lot of folks in washington want to know why not? guest: we begin the week with the speaker of the house saying negotiations between he and president obama had stalled. they were stuck on their -- i guess i would say maybe not their final offers but current offers. boehner said he would raise taxes on those making a million a year or more and get all told $1 trillion in tax increases which he wanted to be matched with $1 trillion in spending cuts and the rate increases on those making $1 million or more and remove loopholes and deductions to get the rest in revenue and then you had your spending cuts. the president, sort of depends on how you do your math and counting, but the president -- by scoreible math the president would have been at $1.3 trillion in tax increases and $900 bil
and cut spending continued to separate democrats and republicans. president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. li
, and establish a position beyond extending all rate which is a non-starter for president obama. so yes, republicans are going to get blamed. but the way they see it privately, their numbers are so low they really don't have much to lose. >> yeah, and that brings up a good point. when you look at boehner and how he's been acting throughout this whole process, i really think that he's known to a certain extent that he's had a weak hand. but i feel like the republicans feel at this point they have really nothing do. they can just put it in the lap of the democrats and say, you know, you figure it out. >> i think that's right. and i think their talking point now is that it's up -- up to the senate to act. house republicans have passed a bill. they passed a bill to extend all tax rates. that bill is a non-starter. everybody knows that. so now the senate is going to come back in this week. what i think we'll see is the senate will pass something. if the senate passes something, the house will come back into session. if the senate is not able or is unwilling to pass anything, the house isn't
time. >> reporter: some republicans are saying president barack obama will actually get his way if a fiscal cliff is not reached before the deadline, kyle la campbell, washington d.c. newsroom. >>> and in general delegations are not as crowded as the first ones. as many as 800,000 are expected to be there for the president's 21st inauguration and that's less than those who flooded the area in 2009. >>> it should be much better and governor brown wants to overhaul the state's funding system. he hopes to give them fair control of how the school operates their money in minority districts. he is expected to outline proposals in his january budget. >>> john mcafee is expected to be spending time in great britain. he posted a blog saying he is safe in the country where he grew up. he is safe in england and has been hiding from authorities in belize where he was wanted for questioning in the suspicious death of a neighbor. >>> crews are looking into a suspicious water-main break in fairfax yesterday afternoon. crews shut off traffic in the area and still no word on what caused that bre
with something, then you've got barack obama's proposal. >> joy, even before it gets to the house republicans, there are plenty of republicans in the senate who can mess this up, right? even if mcconnell and reid have a deal, there's no guarantee that there isn't a single tea party-backed senator. >> well, i mean, at the end of the day, look, mitch mcconnell is a much better leader of his caucus. and mcconnell has really controlled the leaders. the fact that he's meeting with harry reid means there probably isn't going to be a filibuster. i'll find that very surprising. the problem is that never have we seen, not in my lifetime, a weaker speaker of the house of representative than john boehner. john boehner has essentially thrown up his hands and walked away from this process. he's walked away from the constitutional mandate that senate and tax bills come from the house, not the senate. and he's said you guys pass something. they were going to pass something. it's the house that's the problem. it's always been. and this is the same congress that has been behaving this way for two years. >> th
obama. on the democratic side, they're winning the public relations war on this. republicans, if you look at the polls are in the 20s right now, president obama is sitting in the mid 50s on the fiscal cliff. they don't want to give up things. they don't want to give up cuts to medicare or social security in order to get a deal that may not be best for them. if you look at game theory, you know, economic and political game theory, if all the players understand the strategies of the other players and act rationally, sometimes they won't move off the strategy that they are on. >> should americans have optimist about this 3:00 meeting this afternoon at the white house or basically it's humpty-dumpty, we're going off the wall, we're going to break, but we can be put back together. >> it doesn't mean they won't get an agreement on the phone, but i don't remember any high-plo file white house meeting producing anything other than leaked stories about how one leader told the other leader how tough he is and how weak the other guy is. these are, generally speaking made for optics, so we talk
to the hill by president obama to senate republicans to avert the fiscal cliff. and nbc's white house correspondent peter alexander joins me now. republicans saying, oh, the president is having a deal. the president is saying no. harry reid is saying no. what do we know? >> i guess we know very little. we know this isn't going to be litigated in the mead ra. but the white house wants to make it very clear that there is no new proposal on the way to its hill today despite the comments from senator scott brown and others today, a senior administration telling me a short time ago, and i quote, there is no proposal being sent up today. i think that does it pretty emphatically. that was the language that came from harry reid just a short time ago. the president is here. we have reached out to aides, as well. they say they have no information that he will be speaking publicly today. we also know as you see him arriving only a matter of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hour
. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd satisfy in a stronger negotiating position. he'll also have, remember, a few more democrats in the house and in the senate. so the white house will be strengthened after this happens. but a lot of people in the white house and treasury department don't want that to happen because they think the markets may freak out. already the markets are reacting to the news within the last hour. yesterday the markets dipped a little bit on reid's comments in the senate. so they are worried about the economy. i think purely politically, obama will be strengthened once we go over. >> ryan lizza, thank very much. it's going to be an interesting couple of days. >> yeah, it sure is. >> thanks, ryan. >>> weapons of war on the streets of los angeles. details of a shocking find in a gun buyback program. [ sniffs ] i have a cold. [ sniffs ] i took dayquil b
republican in the country to put up against barack obama. >> romney's campaign saw several ups and downs but appearing confident and in command in the first debate, romney threw president obama off the game with the president delivering a shaky performance. >> the first debate sets the tone and can have the most impact but yeah, look, this is a series. >> mr. obama regained the footing by the third and final debate and ultimately won re-election. >> the best is yet to come. >> long serving texas congressman ron paul decided not to seek re-election to focus on white house bid is one of several high profile members of congress that will retire this year. >> government gets bigger, the liberties are diminishing. >> barney frank and burton from the house, jon kyl, kay bailey hutchison, lieberman and nelson join members of the house and senate hanging up the congressional careers. 2012 also marked a milestone in implementation of president obama's healthcare law. in the 5-4 decision in june, the u.s. supreme court ruled a major crux of obamacare, the individual mandate is indeed constitutiona
it in the senate or obama will veto it? why go out on a limb and abandon the idea republicans never allow a tax hike for something just going to be an attempt at a strategic thing, and the reason they thought it would fail is it would involve trying to blame obama if we went over the fiscal cliff and republicans don't think the media would accept that narrative. i don't know. you would know better than i would about how the media would react to that. that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and s
reagan's 19 75 bold colors. obama light is not a winning formula for the republican party. [applause] let's start with how the media operates. they operate in collaboration with the white house first to create panic. you run off the fiscal cliff unless you are insane and do what told. you are a bad person asking why is there a face call cliff. will america will be different on january 2nd if we hold our bleat and see what happens? second. you then go to distractions. the current distractions is grover norquist. i have known grover norquist for a long time. i think he's a fine person. he hold know elective office. and in fact, he wasn't elected president. he is the president of united states who is responsibility for figuring how to solve our problems who is not offered a single serious cost consulting measure. tell me what you think barack obama is going to go to the house and senate democrats and say i need a yes vote on this. instead of dealing with the fact that the president of the united states is once again totally failing to provide leadership, the president has gotten us worried a
. bay area airports have had days of delays because of rain here. >>> president barack obama arrives back in washington for high level cliff's. president barack obama cut short his christmas trip in hopes of negotiating a deal with republicans and the deal was to make tax cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with medical staff. former president bush was in the hospital since last monday for complications related to bronchitis. >> we are hoping the medicine and treatments can help him turn things around. >> the former president has a high fever and is now on a liquid only diet. his former florida governor and son have all been frequent visitors. >>> they came after 14 million vehicles came. they say the value of the cars fell sharply after the recalls. a judge must still approve the settlement. >>> how are things looking tara >> so far so good, let's take a live
and the republicans to do a deal with obama. the simple reason, tom, obama will not agree to any significant spending cut. so why give him any kind of a grand bargain that the press will give him credit for and he can end the year as some kind of victorious guy? if you look at the u.s. deficit is about $4 trillion a year. these tax increases cover about 400 billion. that's 9 or 10%. that's. it the rest of this battle is over entitlements. i mean the democrats could solve this whole thing simply by agreeing to a minor increase, just a two year increase. >> the president did put that on the table and the republicans reject that. the real issue here is there going to be a self-inflicted wound to the economy? the uncertainty here. either way taxes on the wealthy are going up. they'll go up under a deal approved in the last hours which may or may not happen or if it doesn't, there's no deal, then we go over the so-called cliff and the tax goes up there. so either way taxes are going up. >> if the president wanted a deal on entitlements, all he has to do is raise the age from social security to 65 to 67, m
institute --www.ncicap.org-- >> good afternoon, everyone. i am sarah caldwell. president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,00
toss. do we like mr. romney, mr. obama, prefer the republicans and the democrats. for the mass of people sent the system cannot be debated because everyone agrees, then we focus elsewhere on things like whether you can have a gun in the back of your truck or whether you can approve of being marriage or a whole host of other issues whose importance on not disputing, but are issues that get us away from this thorny problem of how the economics and politics are articulated where they're is a desire of those who run the society that that simply be ruled out of order. >> the corporations that dominate what most people in this country see here, perfecting the art of propaganda and manufacturing consent well simultaneously criminalizing dissent. i want you to talk about the very origins of this which could be traced to the much revered and in my view much overrated founding fathers, the political rally. people talk about them in hushed tones. let's hear what they have to say about these kinds of issues. james madison who wrote with hamilton the federalist papers, principal writing of
, when barack obama got renominated, was it fair? >> when i look at the republican convention, the coverage, there was an effort to fear but i think they fell off the knowledge. it was clint eastwood and new famous empty chair. suddenly somehow a hollywood actor who was brought in because he had done the ad during the superbowl that seemed to be pro obama, but here he is endorsing mitt romney that was bigger than anything that mitt romney did. that is the most memorable event from a convention that i believe not only did mitt romney stand up but also paul ryan and several hispanics did an excellent job to present a conservative reason to oust president obama. >> nobody remembers the flap over god was going to be on the platform. clint eastwood got all the attention. >> there is a certain rule here. republicans to have learn it. if the whole essence is a tightly choreographed event, then you do that. you put things to help you better, rubio was terrific and videos of the families, those were moving and nobody saw them because they were in the wrong hour, in the middle of it. do
with president obama at the white house. among the leaders, republican house speaker john boehner and senate minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started at 3:10 and were done by 4:15. no major decisions were made. president, reportedly telling congressional leadership, if you do not have a better plan than i do by now, we need to get to voting on my plan. the clock is still ticking in advance of monday night's deadline. frustration being felt not just inside the capitol, but i constituents outside as well. >> i am a little worried about the future as well, for my kids mostly. >> it is a popular thought outside the capital. >> there is an understandable frustration. >> chris van hull and is hopeful a deal can be reached by tuesday, although it will likely be a smaller deal that addresses only the major parts of the fiscal cliff from taking effect. >> we have got to get on a larger agreement, to make sure we sustained a very fragile
talk shows to blame one another. here's the latest on the showdown. >> reporter: some republican lawmakers say president obama want country to fall off physical cas cliff. >> we -- physical cas cliff. >> we are going to go over -- fiscal cliff. >> we are going over because that's what the president want. >> reporter: john boehner failed to get enough votes for the plan b on thursday raising taxes on people earning more than a million dollars a year. on friday, speaker boehner and the president left town with no deal making a parting pitch. >> i asked leaders of congress to work towards a package that prevents a tax hike on middle class americans protects unemployment insurance for 20 million americans and lays the groundwork for further work on both growth and deficit reduction. >> the president's solution of raises tax rates would be red ink for as far as the eye can see. and it would hurt jobs. >> reporter: the partisan bickering put the country on the brink of a potential economic crisis. long time lawmakers dismayed. >> it's the first too many i feel it's more likely we will
in conjunction with senator mcconnell. senator reid said he's awaiting good faith proposals from the republicans. president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. so stay tuned right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. he is also an entrepreneur, with his own movie studio >> his movies have grossed over $600 million. >> it means i get to rein
republicans who are not too fond of the fact that he supported barack obama in the presidential contest. chuck schumer on "meet the press" was noncommittal. he is a man without a structure and a man without a party. that's a very difficult place to be. >> the current gym of washington politics. >> thank you so much for joining us. appreciate it. the cliff gets closer and compromise gets further away. next, we are gaming out the option with two guys who are living and breathing this fight with me and the halls of congress. what this stalemate means for the rest of the to do list like immigration and gun control. we see snow the day after christmas. the president is scheduled to leave hawaii at 10:00 hawaii time. we have snow. the president is coming back to this. after being on the beautiful beaches of hawaii with the nice warm water. this is what happens when you don't have a budget deal. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. ye
. >>> president obama nominate john terry for secretary of state but will republicans support the nomination? >>> and tensions are running high. >>> and why is steep jobs' famous yatch being docked? that story much more ahead in the next half hour. but the top story, with congress in recess until christmas, it seems more likely than ever that the nation's economy will fall off the fiscal cliff. president obama is calling on congress to do just enough to change that. it's a change from his previous push for sweeping reforms. >> the american people re- elected president obama on election day. they also re-elected a republican majority here in the house. in doing so, they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate for us to work together to begin solving the massive debt that threatens our country's future. unfortunately, the president and senate democrats vowed to reject and vetoed all of our proposals while failing to offer responsible solutions of their own. >> the chance for any deal may now be up to the democratally control
've been otherwise. no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help stggli homeowners. don't worry, the government will take care of you. we will explain coming up next gerri: retailers are experiencing their worst holiday performance since the 2008 financial crisis. but is it too late to count retailers out? could post holiday discounts have retailers and shoppers spurting? let's ask founder america's research group, president and chief economist. whathappened with retail sales? we were expecting a 3% g
is the media doing? >> typically cobbling barack obama. this guy is filing his nails while the republicans twist themselves into knots. the media are giving obama a complete pass on this one and not holding his feet to the fire on anything and keeping the gun fire on the republicans at all times. the media have been just about as silent as anyone else. all the media accept for stuart varney. stuart: flattery is the fondest milk in television. i have a prediction from you. i personally think there will be some kind of awful last-minute deal, tax the rich, don't cut spending, ignore the debt. i think that will happen. what is your prediction? >> i will put my kids and your prediction. republicans will take another step, go back another five to ten yards on the football field and the problem will just get even worse. stuart: do you think -- [talking over each other] >> the tech increase, don't anybody forget this, according to three different studies, is going to cost the american economy 700,000 jobs. you wonder why we can't get out of this mess. stuart: we are out of time but that was good
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